The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1887-11-05
How 30 Get Rich.

young men through the Boston Herald
how to acquire wealth, as follows:
Nothing is so safe for an invest
ment as improved real estate. Moth.
ing Is likely to grow in value faster.
Ia the last so years 80 per cent. of all
the merchants aud traders in Boston
have failed. In the last 30 years so
Der cent. of all the business corpora
lions have falled or gone out of bust
ness. so that their stock has been
wiped out. In the last 50 years all
the improved real estate on the aver
aye has paid its interest aud taxes and
quadrupled in value. II 4 young
mans father can give him anything to
start him in the world, he Ind better
invest It in that way and let il accum-
ulate and earn his living, and he will
be richer than if he had gone into
business. Jay Gould is said tn have
started from mouse trap peddler to
become millionaire. Assuming that
to be true be is only one of 10000, 900
of people; ana if any young man
thinks he is going to initiate Jay
Gould, there are 60,000,000 chances to
one that he won't succeed.
The rule would lay down for
young man is, never do a mean thing
for money. Be prudent and saving of
your money. Be careful to have no
interest account against you, unless
you have an equal or greater interest
account running in your favor. Work
diligently and you are sure of a COM
potency in your old age, and as early
as possible, if you can, find saving,
prudent girl who has been brought up
by neither who knows how TO take
care of house, and make wife of
her. She will aid and not hinder you.
l claim no originality in this advice,
and will relate you an incident in my
own experience to illustrate it: In my
earliest practice in my profession l
was quite successful in earning money,
and had a small balance in the Low
ell Bank, at the head of which was
Mr.. James G. Carney. The bank was
directly across the hall from my office.
l stepped into the bank to deposit a
little money on one occasion, and Mr..
Carney said to me: "Why don't you
invest your money!" Invest, said |;
II have nothing to invest" "Oh yes"
he says; "you have quite little sum
of money. and | see that your friends
come with your checks occasionally,
evidently borrowing it. Now you had
better invest it," "EIow can invest
III" "Invest it in real estate" Il
know nothing about real estate"
go To the first auction and buy the
property. You can not be much
cheated in that, because you will have
10 give very little more than somebody
else will have to pay to get it. Give
your notes for it, save your money,
collect your fees, pay your notes Us
they become due. See that the prop
erty is improved properly, SO that the
rent will keep down your interest &C
count, and when you get any other
money invest in the same way, and if
your notes press upon you little
faster than you can pay them, why we
will, when we find that is what you
are doing with your money. discount
your note and give you little more
time, So that you can pay it up. This
will necessitate the prompt collection
of your bills, for | know that you
would rather work and earn hundred
dollars than dun man for it, unless
you have pressing need for it. You
have not even asked for little bill
that we owe you in the bank, which
shows me that you do not properly
collect your dues"
l followed the advice and bought a
number of pieces of property in that
manner, and l never did exactly know
how they were paid for, but they were,
and in few years owned some
twenty different pieces of property in
Lowell that came to me in that way.
can only say that wish had been
wise enough to have continued this
course through life.
do not think that need to extend
these suggestions any further, because
If young man won't mind these, he
won't any others, and | can not sug-
gest any better ones.